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RHWC News Reliant Appoints MCAP as Its Servicer

TORONTO--(BUSINESS WIRE)--Reliant Home Warranty Corporation (OTCBB:RHWC) President & CEO Boyd Soussana announced today Reliant’s Canadian subsidiary, Reliant Home Mortgage Canada Inc., has signed an agreement with MCAP appointing them as its primary servicer of mortgages. This agreement completes Reliant’s service network.

“Through MCAP’s trained professionals, Reliant will offer exceptional customer service,” stated Mr. Soussana.

About Reliant Home Warranty Corporation

Reliant Home Warranty Corporation (www.relianthwc.com) offers the sub-prime residential mortgage market High-Ratio to value mortgages that includes self-employed consumers and those with difficult credit.

About Reliant Home Mortgage Canada Inc.

For more information about Reliant Home Mortgage Canada Inc., visit the website at www.relianthomemortgage.com.

About MCAP

MCAP is Canada’s largest independent mortgage and equipment financing company, with more than $30 billion in assets under administration. Operating in four key lines of business: residential mortgages, commercial mortgages, construction loans, and equipment financing, the company has over 750 employees in 15 offices across Canada. MCAP is Canada's leading residential mortgage subservicer and has been rated Above Average as a servicer by Standard and Poors since 2002.

For more information about MCAP, visit the website at http://www.mcap.com/.

Forward-Looking Statement

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussion with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts may be forward-looking statements. Forward-looking statements are based on expectations, estimates and projections at the time the statements are made to involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. For a summary of such risks and uncertainties, see the Company's periodic reports and other filings with the Securities and Exchange Commission.